In May, it announced plans to offer a digital wallet that includes payments and coupons and wireless, phone-based transactions based on its contactless PayWave technology.
We are optimistic on our estimate largely because of the shift away from paper based transactions which will drive sales on credit cards and debit cards.
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In its latest 10-K filling with the SEC, MasterCard estimated that 85% of all payment transactions are still paper-based transactions with cash or check being the primary media.
Pre-paid debit cards, those which are loaded with money, are making progress in allowing card-based transactions for some 80m Americans who lack bank accounts and who have no access to credit.
Orthodox thinking regarding yuan internationalization (the yuan is the base unit of the renminbi) revolves around the idea that if it is to occur, the yuan will become globalized through Hong Kong-based transactions.
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Household debt has doubled in the past five years, partly as a result of an explicit policy of encouraging the use of credit cards to cut down on cash-based transactions and fight tax evasion.
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Vance Rowland, president of AOneATM, says few of his company's 3, 000 ATMs will meet the deadline because there is still uncertainty about some of the software that is required to accept the chip-based transactions.
Now, investing in companies based on insider transactions is not a new strategy and empirical data on the success of this type of investing is uneven.
As "a last resort", the tax is also applied to transactions based on where the share, bond or exchange traded derivative was issued, even if it takes place in Asia, the US or Britain.
It was a deception project where we created what appeared to be a bank front end, a Web-based front end where transactions were taking place.
However, smartphone-based e-commerce transactions could spell additional upside to our forecasts.
The idea is to get presence and scale, and pick up a lot of lesser-value sales, somewhat the way Google makes billions based on very small transactions.
Furthermore, the additional upside attributable to smartphone-based e-commerce transactions would also impact our forecasts for online U.S. media sales (books, DVDs, music), international media sales, and international EGM sales.
Since the mechanism of a currency transactions levy is supposed to be based on taxing the net position of foreign exchange transactions, it could represent a restriction of the free movement of capital and payments (Article 63 TFEU).
What is clear is that the pace of reform in Greece is behind the curve and the reduction of the deficit is proving hard to enforce as so much tax revenue vanishes because transactions are not booked through a cash register or special prices are established for cash based i.e. no trail transactions.
Most of these transactions involve SMS based payments, direct mobile billing using PIN and one time password authentication and mobile web payments.
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The focus has been on capturing revenue, and the business model has been based on being paid for transactions rather than outcomes.
But about the same as Twitter, based on recent private market transactions.
Transactions were sometimes based on clear direction while, in other instances, staff were "just told to do whatever was required to clear the list".
Forty years later, the invention of the World Wide Web by Tim Berners-Lee, opened up numerous and ever-growing possibilities for economic transactions and ventures based on data.
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Handset manufacturers are also doing their bit by enabling NFC chip-based phones for NFC-enabled transactions that provide security of personal data with proper authentication.
Policymakers may argue that 2012 could be the tipping point when our largest online retailers realize that e-commerce transactions deserve location-based taxation simply due to the volume and impact on our economy.
The US started receiving data from Swift, a money transfer system based in Brussels which handles millions of transactions daily.
Williamson's work examines why large corporations tend to arise -- and why they do not -- based on the cost and complexity of transactions, according to the Nobel committee.
If adopted, the levy would be applied from January 2014: all securities transactions involving an EU-based financial institution would be taxed at 0.1% and all over-the-counter derivatives deals at 0.01% of the notional principal amount.
According to Jeffrey Green of PaymentsSource, Atlas Payment Processing in San Jose, California and Maxx Payment Processing in Denver, Colorado both offer a way to use payment cards for in-person transactions via a PIN-based countertop terminal.
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Each month in Belgium, more than 2.3 million electronic purse transactions are performed using Proton-based cards.
Last year, U.S. lawmakers succeeded in pressuring Belgium-based SWIFT electronic payment system to block Iranian transactions.
Meanwhile, the Beijing-based Bank of China said it was halting transactions from North Korea's Foreign Trade Bank.
There must be automated systems to identify fraud by the retailer based on basic rules before it sends doubtful transactions to a third party.
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